Mobile security app enhances bank's ability to compete

HNCB has for many years offered smart card readers and OTP solutions for its Internet banking customers, but the benefits with the Keypasco solution are evident. Mr. Yang from HNCB mentions that ”One has always his mobile phone with him and can skip the hardware token, this is the best part with the Keypasco solution. To use the mobile phone for authentication is an inevitable trend! After several months in production Keypasco solution has proven to be very secure. We plan to roll out this service to our customers, which comes in all ages and sums up to a total of 6 million.”

The CEO of Lydsec technology, Mr. Chengi Lin, which is Keypasco’s partner in Taiwan and Hong Kong, mentions that: “The Keypasco solution is based on a patented technology. With just one-touch you can protect your account, and the cost is less than one ice-lolly per user per year!” He also adds: ”The first customer that rolled out the Keypasco solution, in 2012, was within the online gaming industry. Account-high-jacking within the gaming industry is a big problem; around 70 % of all users have been attacked at one point or another. Since the introduction of the Keypasco authentication solution, three years ago, not one single fraud has been reported.”

Maw-Tsong Lin, the CEO of Keypasco mentions: “We are very proud to receive these positive comments from our customers. Good security is not a cost, it is a tool for our customers to create new services and bring new incomes. Security by your own device (BYOD) makes it user-friendly and our technology guarantees the security.”